Hivebuy logo

Hivebuy

by Hivebuy - Hivebuy Technologies · Since 2021
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Quick facts
VendorHivebuy - Hivebuy Technologies
Year launched2021
StatusActive
LocationBerlin, Germany
Countries servedN/A
Languages2
Integrations16+
Free tierNO
Free trialYES
Contact salesYES

About Hivebuy

Hivebuy is an AI-powered procurement software for indirect purchasing. It automates processes like requests, approvals, and invoicing using AI agents. The platform integrates with existing ERP and communication systems like Slack and Microsoft Teams.

Hivebuy is an AI-driven procurement platform designed to automate and streamline indirect purchasing for medium to large businesses. It employs a suite of AI agents to handle the entire procurement lifecycle, from initial request and supplier comparison to approval workflows and invoice processing. The software integrates directly into existing communication tools like Microsoft Teams and Slack, allowing employees to manage purchasing tasks via chat. Hivebuy provides real-time budget tracking and spend analytics for financial transparency and cost control. It connects with major ERP systems such as SAP, Microsoft Dynamics, and NetSuite, ensuring data synchronization without complex IT projects. Pricing is subscription-based with tiers for different business sizes, starting from a monthly fee, with custom plans available for enterprise needs. The platform is cloud-based and primarily serves the German and European markets.

Pros & Cons

Pros
  • Automates procurement workflows from request to invoice using AI agents.
  • Integrates with popular communication tools like Microsoft Teams and Slack for ease of use.
  • Provides real-time budget tracking and spend analytics for better financial control.
  • Offers seamless integration with major ERP systems like SAP, Microsoft Dynamics, and NetSuite.
  • Reduces manual effort and processing time for purchasing and finance teams.
Cons
  • The website is primarily in German, which may be a barrier for non-German speaking users.
  • Pricing for the Enterprise plan is not publicly listed and requires a sales inquiry.
  • No free tier is offered, only a demo or trial upon request.

Features

Key features

AI Agents

Automates tasks such as intake, comparison, status tracking, savings analysis, and invoice processing.

Request and Approval Management

Streamlines the process from need identification to approval, with chat-based interactions in MS Teams or Slack.

Budget and Spend Analytics

Provides real-time budget tracking and financial reporting to identify cost drivers and savings opportunities.

Supplier and Catalog Management

Centralizes supplier data and integrates with B2B webshops and product catalogs.

Invoice Management

Automates invoice validation, matching, and preparation for ERP system handoff.

Additional features

ERP Integration

Offers seamless integration with systems like SAP (S/4 HANA, ECC, Business One), Microsoft Dynamics 365, NetSuite, and DATEV.

Contract Management

Manages supplier contracts and terms within the platform.

Project Purchasing

Supports procurement processes tied to specific projects.

Single Sign-On (SSO)

Supports SSO with Microsoft and Google for secure access.

Communication Integration

Allows users to manage procurement tasks directly within Microsoft Teams and Slack.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Monthly plans

Basic
EUR 999/mo
flat rate · billed monthly
  • AI-powered demand request and approval
  • Up to 50 users
  • Microsoft Teams & Slack Agent
  • 3 Webshop integrations
  • Real-time budget tracking
  • Single Sign-on (Microsoft & Google)

Up to 50 users. Includes Intake, Chat, Comparison, and Status AI agents.

Source: vendor pricing page →
Business
EUR 1,899/mo
flat rate · billed monthly
  • All features from Basic
  • Up to 150 users
  • Up to 3 companies
  • Savings Agent - Price comparison
  • Invoice Agent - Invoice management
  • Project management
  • Access to all webshop connections

Up to 150 users. Up to 3 companies. Includes all Basic features plus Savings and Invoice agents.

Source: vendor pricing page →
Enterprise
Custom
contact sales for pricing
  • All features from Business
  • From 150 users
  • Up to 10 companies
  • Analytics Agent
  • ERP master data synchronization
  • Contract management
  • Self-Service API (Webhooks)

For 150+ users. Up to 10 companies. Contact for pricing.

Source: vendor pricing page →

Countries & Languages

Countries served
2
Interface languages
1
Billing currencies

Interface languages

GermanEnglish

Billing currencies

🇪🇺EUR

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